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Bullish
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Blown account Sleep peacefully, brothers A month of hard work wasted I really need to reflect on my problems Every time it’s the end of the month that causes issues, have to bear the large waves Last month went from 10k to 50k The last order at the end of the month broke a 13-win streak and lost 20k This month was bullish all the way In the end, it blew on a short position Let’s start over next month Whatever happens, happens. Meeting adjourned #你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC☀ #BTC突破7万大关
Blown account
Sleep peacefully, brothers
A month of hard work wasted
I really need to reflect on my problems
Every time it’s the end of the month that causes issues, have to bear the large waves
Last month went from 10k to 50k
The last order at the end of the month broke a 13-win streak and lost 20k
This month was bullish all the way
In the end, it blew on a short position
Let’s start over next month
Whatever happens, happens. Meeting adjourned #你问我答 #BinanceBlockchainWeek #比特币布林带收窄至低水平 #BTC☀ #BTC突破7万大关
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Bearish
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Bearish
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Bearish
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This wave is indeed a bit uncomfortable As a long-term bullish person, I never expected to miss out on a day I have been insisting on seeing 70,000 by the end of the month, yet I ended up holding a short position In the end, I was greedy and wanted to see a pullback before entering to go long So, there are no invincible generals The bears shouldn't lose heart There are still many ways to break even Leave your positions in the comments #BinanceBlockchainWeek #你问我答 #PCE、非农数据来袭 #BTC☀ #BTC突破7万大关
This wave is indeed a bit uncomfortable
As a long-term bullish person, I never expected to miss out on a day
I have been insisting on seeing 70,000 by the end of the month, yet I ended up holding a short position
In the end, I was greedy and wanted to see a pullback before entering to go long
So, there are no invincible generals
The bears shouldn't lose heart
There are still many ways to break even
Leave your positions in the comments #BinanceBlockchainWeek #你问我答 #PCE、非农数据来袭 #BTC☀ #BTC突破7万大关
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Bearish
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Three Tips to Help You Break Free Tip 1: Review Your Positions and Adjust Flexibly First, you need to calmly review your holding situation. For investors who are slightly stuck, taking advantage of market rebounds to exit is a wise choice. This not only reduces losses but also preserves more funds for future investments. For investors who are stuck at high positions, consider the strategy of averaging down. By increasing your low-position holdings, you can gain a psychological and financial edge during the next market fluctuations, creating more favorable conditions for breaking free. Tip 2: Pay Attention to Technical Patterns and Make Decisive Decisions In the cryptocurrency market, technical patterns are an important basis for judging market trends. When you find yourself stuck in a position, be sure to pay attention to the technical status of mainstream currencies like Bitcoin. If Bitcoin is at a high position when you are stuck, decisive stop-loss actions are key to preventing further losses. If Bitcoin is at a mid or low position, you can choose to wait or average down based on the specific situation. Especially at low positions, be bold in averaging down at key support levels to lower costs and await the arrival of a rebound. Tip 3: Follow Market Trends and Formulate Strategies Finally, you need to formulate your investment strategy based on the overall market trend. If Bitcoin is in an upward trend, even if you are stuck, there is no need to be overly anxious. Patiently wait for a period, and the opportunity to break free or even profit will naturally come. If the market is in a balanced oscillation trend, you can remain calm and wait for the market to enter the high point of the oscillation cycle before breaking free or exiting. However, if the market has clearly entered a downward trend and the trend has been confirmed, immediate stop-loss will be your best choice. Do not hold onto any illusions to avoid falling into a deeper predicament. Professional Team Support for a Wealthy Future On the road of cryptocurrency investment, we understand the difficulties faced by every investor. Therefore, our team is dedicated to solving issues such as stuck orders and locked orders, adhering to the service concept of creating wealth for clients, and providing comprehensive solutions for investors. If you are facing losses, stuck orders, locked orders, or poor profit conditions, feel free to contact us at any time. We will use our professional knowledge and rich experience to help you alleviate your troubles, guiding you out of difficulties and towards the shores of success.
Three Tips to Help You Break Free

Tip 1: Review Your Positions and Adjust Flexibly

First, you need to calmly review your holding situation. For investors who are slightly stuck, taking advantage of market rebounds to exit is a wise choice. This not only reduces losses but also preserves more funds for future investments. For investors who are stuck at high positions, consider the strategy of averaging down. By increasing your low-position holdings, you can gain a psychological and financial edge during the next market fluctuations, creating more favorable conditions for breaking free.

Tip 2: Pay Attention to Technical Patterns and Make Decisive Decisions

In the cryptocurrency market, technical patterns are an important basis for judging market trends. When you find yourself stuck in a position, be sure to pay attention to the technical status of mainstream currencies like Bitcoin. If Bitcoin is at a high position when you are stuck, decisive stop-loss actions are key to preventing further losses. If Bitcoin is at a mid or low position, you can choose to wait or average down based on the specific situation. Especially at low positions, be bold in averaging down at key support levels to lower costs and await the arrival of a rebound.

Tip 3: Follow Market Trends and Formulate Strategies

Finally, you need to formulate your investment strategy based on the overall market trend. If Bitcoin is in an upward trend, even if you are stuck, there is no need to be overly anxious. Patiently wait for a period, and the opportunity to break free or even profit will naturally come. If the market is in a balanced oscillation trend, you can remain calm and wait for the market to enter the high point of the oscillation cycle before breaking free or exiting. However, if the market has clearly entered a downward trend and the trend has been confirmed, immediate stop-loss will be your best choice. Do not hold onto any illusions to avoid falling into a deeper predicament.

Professional Team Support for a Wealthy Future

On the road of cryptocurrency investment, we understand the difficulties faced by every investor. Therefore, our team is dedicated to solving issues such as stuck orders and locked orders, adhering to the service concept of creating wealth for clients, and providing comprehensive solutions for investors. If you are facing losses, stuck orders, locked orders, or poor profit conditions, feel free to contact us at any time. We will use our professional knowledge and rich experience to help you alleviate your troubles, guiding you out of difficulties and towards the shores of success.
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UnwindThree tips to help you get out of trouble The first step: review your positions and make flexible adjustments First, you need to calmly examine your position. For investors who are slightly stuck, it is a wise choice to take advantage of the market rebound to exit at an opportune moment. This will not only reduce losses, but also preserve more funds for future investments. For investors who are stuck at high levels, you can consider the strategy of covering positions at high levels. By increasing your low-level positions, you can take the initiative psychologically and financially in the next market fluctuation, creating more favorable conditions for unwinding.

Unwind

Three tips to help you get out of trouble
The first step: review your positions and make flexible adjustments
First, you need to calmly examine your position. For investors who are slightly stuck, it is a wise choice to take advantage of the market rebound to exit at an opportune moment. This will not only reduce losses, but also preserve more funds for future investments. For investors who are stuck at high levels, you can consider the strategy of covering positions at high levels. By increasing your low-level positions, you can take the initiative psychologically and financially in the next market fluctuation, creating more favorable conditions for unwinding.
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Bearish
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10.28 Monday Afternoon Operation Strategy In the ocean of the stock market, everyone is a navigator. Facing the turbulent waves, we may feel lost or exhausted, but please remember that every low point is a preparation for the next high point. From a technical structure perspective, Bitcoin is showing a trend of upward channel pressure and correction on the one-hour chart. Although there has been some previous increase, it is currently in a high-level narrow range and weak correction phase. From the technical indicators, bearish volume is evident but has not yet fully released, and the moving average system is also showing a downward trend. At the same time, from the technical perspective of a longer time frame, the two-hour Bollinger Bands are opening, and a large bearish candle appeared in the morning market, causing the price to run below the upper band. Currently, there have been two consecutive bearish candles, with clear resistance forming around the upper band at 68100. Therefore, it is recommended to wait for rebound opportunities to continue shorting, with a target to focus on the middle band around 67300. In addition, the four-hour chart also shows signs of a bearish candle after three consecutive bullish candles, with the Bollinger Bands contracting and trending downward. The MA30 and middle band are about to cross and form support around 67300. If the price breaks below this support level within the day, further attention can be given to the support situation around the lower band at 66500. Therefore, for daytime operations, it is recommended to mainly short on the rebound at high positions. Meanwhile, if the price rises above 68000 again during the day, or even reaches above 68500, investors can consider entering medium to long-term short positions. Operation Suggestions Short near 68200, target 67000 Defense at 68700, break at 66500 #年底牛还熊? #ETHBTC汇率新低 #战火将如何牵动加密市场? #BTC☀ #BTC突破7万大关
10.28 Monday Afternoon Operation Strategy

In the ocean of the stock market, everyone is a navigator. Facing the turbulent waves, we may feel lost or exhausted, but please remember that every low point is a preparation for the next high point.

From a technical structure perspective, Bitcoin is showing a trend of upward channel pressure and correction on the one-hour chart. Although there has been some previous increase, it is currently in a high-level narrow range and weak correction phase. From the technical indicators, bearish volume is evident but has not yet fully released, and the moving average system is also showing a downward trend.

At the same time, from the technical perspective of a longer time frame, the two-hour Bollinger Bands are opening, and a large bearish candle appeared in the morning market, causing the price to run below the upper band. Currently, there have been two consecutive bearish candles, with clear resistance forming around the upper band at 68100. Therefore, it is recommended to wait for rebound opportunities to continue shorting, with a target to focus on the middle band around 67300.

In addition, the four-hour chart also shows signs of a bearish candle after three consecutive bullish candles, with the Bollinger Bands contracting and trending downward. The MA30 and middle band are about to cross and form support around 67300. If the price breaks below this support level within the day, further attention can be given to the support situation around the lower band at 66500.

Therefore, for daytime operations, it is recommended to mainly short on the rebound at high positions. Meanwhile, if the price rises above 68000 again during the day, or even reaches above 68500, investors can consider entering medium to long-term short positions.

Operation Suggestions
Short near 68200, target 67000
Defense at 68700, break at 66500 #年底牛还熊? #ETHBTC汇率新低 #战火将如何牵动加密市场? #BTC☀ #BTC突破7万大关
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Bearish
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Saturday Afternoon Strategy on October 26 In the ocean of the stock market, everyone is a navigator. Facing the turbulent waves, we may feel confused or exhausted, but please remember that every low point is preparation for the next high point. There isn't much big action this weekend; Hong Shen shares his thoughts. Last night, the main cryptocurrency formed a double V reversal structure, with both bulls and bears washing out positions. On my end, I also took a hit with a long position, stopping out at 800 points, but thankfully, it was just a bit of the profits from yesterday's session being given back. Currently, it seems that the cryptocurrency has experienced two quick declines without divergence, which is just an adjustment after breaking through all moving averages earlier. It is still oscillating and gathering strength. From a technical structure perspective, the MA120 is slowly turning upwards, with prices continuously adjusting upwards. The MA250 and MA30, having dropped significantly last night, are also slowly moving up. This indicates that the trend of significant increases remains unchanged. As long as one pullback is completed, it will move upwards, so we still maintain the viewpoint that we will break new highs around the election. At present, I believe that if we see another wave of panic selling, the real main upward wave will soon begin. Will there be a big drop? Hong Shen thinks it’s possible, with the key point being 65000. If it doesn't break the previous low of 65000, we shouldn't panic; we can just consider it a trap for short positions. Right now, it's more about feeling the market sentiment rather than technical indicators, as technical indicators are lagging. Therefore, Hong Shen personally suggests that those with less technical capability should refrain from opening positions and observe instead. Have a good rest over the weekend. If you want to open positions during the weekend for some oscillation, Hong Shen suggests going short at high points and long at low points for quick trades, operating in a range of 67400-66600. For the larger direction, Hong Shen suggests entering short positions with a target of breaking 65000; if it doesn't break, switch to long!
Saturday Afternoon Strategy on October 26

In the ocean of the stock market, everyone is a navigator. Facing the turbulent waves, we may feel confused or exhausted, but please remember that every low point is preparation for the next high point.

There isn't much big action this weekend; Hong Shen shares his thoughts.

Last night, the main cryptocurrency formed a double V reversal structure, with both bulls and bears washing out positions. On my end, I also took a hit with a long position, stopping out at 800 points, but thankfully, it was just a bit of the profits from yesterday's session being given back. Currently, it seems that the cryptocurrency has experienced two quick declines without divergence, which is just an adjustment after breaking through all moving averages earlier. It is still oscillating and gathering strength.

From a technical structure perspective, the MA120 is slowly turning upwards, with prices continuously adjusting upwards. The MA250 and MA30, having dropped significantly last night, are also slowly moving up. This indicates that the trend of significant increases remains unchanged. As long as one pullback is completed, it will move upwards, so we still maintain the viewpoint that we will break new highs around the election.

At present, I believe that if we see another wave of panic selling, the real main upward wave will soon begin. Will there be a big drop? Hong Shen thinks it’s possible, with the key point being 65000. If it doesn't break the previous low of 65000, we shouldn't panic; we can just consider it a trap for short positions. Right now, it's more about feeling the market sentiment rather than technical indicators, as technical indicators are lagging.

Therefore, Hong Shen personally suggests that those with less technical capability should refrain from opening positions and observe instead. Have a good rest over the weekend. If you want to open positions during the weekend for some oscillation, Hong Shen suggests going short at high points and long at low points for quick trades, operating in a range of 67400-66600. For the larger direction, Hong Shen suggests entering short positions with a target of breaking 65000; if it doesn't break, switch to long!
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Bullish
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10.25 Friday night Bitcoin operation ideas The long ideas given at noon and afternoon today have been verified. At present, there is 1,000 points of space for long orders. The upper support of 68,500 has been broken. The bullish sentiment is still inflated. The big cake should be pulled up again in the evening. We continue to hold long orders and look up to 69,000. In the 4-hour structure, although there was a wave of correction after the previous price surge, the correction action has stopped above the middle track, showing a bottoming out and rebounding pattern in the short term. With the rise of a big positive K-line, the moving average and various indicators have shown signs of turning upward, showing the abundant bullish power in the market. At the same time, the support of the middle track is very strong. Although there is a certain correction space between the early high and the middle track, the price quickly regained the lost ground, showing the firmness of the market bullish power. In addition, the main board also regained the 68,000 line again, showing a stabilizing trend. From the hourly chart, the market has shown a V-shaped upward trend, and as the Bollinger Bands continue to move up, the support level of the low point also continues to move up. Although the pressure level has not yet been broken, based on the current market trend and the volume, the bulls will continue to recover lost ground. Therefore, for the market trend in the evening, we can continue to follow the trend. Against the backdrop of such strong bullish forces, the market is expected to break through today's high in the evening and continue to climb upward. Operation suggestion 67800-68000 more target 69000 Defense 67000 Break 69500 ​​and directly look at 70000#美国大选前行情观察 #ETHBTC汇率新低 #盘整行情分析 #BTC☀ #BTC突破7万大关
10.25 Friday night Bitcoin operation ideas
The long ideas given at noon and afternoon today have been verified. At present, there is 1,000 points of space for long orders. The upper support of 68,500 has been broken. The bullish sentiment is still inflated. The big cake should be pulled up again in the evening. We continue to hold long orders and look up to 69,000.

In the 4-hour structure, although there was a wave of correction after the previous price surge, the correction action has stopped above the middle track, showing a bottoming out and rebounding pattern in the short term. With the rise of a big positive K-line, the moving average and various indicators have shown signs of turning upward, showing the abundant bullish power in the market.

At the same time, the support of the middle track is very strong. Although there is a certain correction space between the early high and the middle track, the price quickly regained the lost ground, showing the firmness of the market bullish power. In addition, the main board also regained the 68,000 line again, showing a stabilizing trend.

From the hourly chart, the market has shown a V-shaped upward trend, and as the Bollinger Bands continue to move up, the support level of the low point also continues to move up. Although the pressure level has not yet been broken, based on the current market trend and the volume, the bulls will continue to recover lost ground.

Therefore, for the market trend in the evening, we can continue to follow the trend. Against the backdrop of such strong bullish forces, the market is expected to break through today's high in the evening and continue to climb upward.

Operation suggestion 67800-68000 more target 69000
Defense 67000 Break 69500 ​​and directly look at 70000#美国大选前行情观察 #ETHBTC汇率新低 #盘整行情分析 #BTC☀ #BTC突破7万大关
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Bullish
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Friday, October 25 Bitcoin Operational Analysis Yesterday mentioned that Bitcoin pulled back to 65000 for support, and the bullish trend continued to be validated. Last night, I personally thought Bitcoin would have a slight rebound before climbing up again, but the bulls gave the bears no opportunity, not even a minor pullback, resulting in many traders hesitating to enter long positions. Hongshen was no exception; although bullish, I did not enter the market in time and only took a few hundred points before exiting. However, bulls should not panic. I previously mentioned that the earlier pullback correction established the bottom support to validate whether the previous breakthrough was effective, and the critical pivot of 65000 has not been broken. Therefore, Bitcoin will definitely break new highs later, so there will be plenty of opportunities for bulls to enter. From a 4-hour structure perspective, after Bitcoin's pullback correction to the low of 65253, it experienced a strong upward trend with 6 consecutive bullish candles. Bitcoin's price successfully stabilized above the ma30-ma60 moving averages. The MACD indicator shows both lines trending upwards, while the K-line also firmly stands above the upper Bollinger band, with all indicators showing a bullish trend. Operation Suggestion Long at 67600-68000, target 69000 If it breaks 69500, look directly at 70000
Friday, October 25 Bitcoin Operational Analysis

Yesterday mentioned that Bitcoin pulled back to 65000 for support, and the bullish trend continued to be validated. Last night, I personally thought Bitcoin would have a slight rebound before climbing up again, but the bulls gave the bears no opportunity, not even a minor pullback, resulting in many traders hesitating to enter long positions. Hongshen was no exception; although bullish, I did not enter the market in time and only took a few hundred points before exiting.

However, bulls should not panic. I previously mentioned that the earlier pullback correction established the bottom support to validate whether the previous breakthrough was effective, and the critical pivot of 65000 has not been broken. Therefore, Bitcoin will definitely break new highs later, so there will be plenty of opportunities for bulls to enter.

From a 4-hour structure perspective, after Bitcoin's pullback correction to the low of 65253, it experienced a strong upward trend with 6 consecutive bullish candles. Bitcoin's price successfully stabilized above the ma30-ma60 moving averages. The MACD indicator shows both lines trending upwards, while the K-line also firmly stands above the upper Bollinger band, with all indicators showing a bullish trend.

Operation Suggestion
Long at 67600-68000, target 69000
If it breaks 69500, look directly at 70000
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Bullish
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10.24 Bitcoin Ethereum Evening Trading Strategy Bitcoin has found support at 65000, and the outlook remains bullish. Regarding the news at 8:30 PM, I personally believe it will not affect the overall upward trend of Bitcoin. The current support levels are 67800 and 66500. There should be a slight pullback this evening; if it does not drop below the pressure level of 66500, we can gradually enter long positions. Now, let's talk about Ethereum. Currently, the way Ethereum is adjusting may likely break new lows. If it cannot effectively stabilize below MA30, breaking below 2000 is only a matter of time. Additionally, if Bitcoin breaks new highs, Ethereum must catch up to fill the previous gap of 2800-3000 and stabilize above MA10; otherwise, it will still be quite challenging for Ethereum today. Trading Suggestions Buy on pullback at 66500 and 66800, target 68000 Defend at 66000#SEC批准多支比特币ETF期权 #美国大选前行情观察 #牛市赛道是那条? #BTC☀ #BTC突破7万大关
10.24 Bitcoin Ethereum Evening Trading Strategy

Bitcoin has found support at 65000, and the outlook remains bullish.

Regarding the news at 8:30 PM, I personally believe it will not affect the overall upward trend of Bitcoin. The current support levels are 67800 and 66500. There should be a slight pullback this evening; if it does not drop below the pressure level of 66500, we can gradually enter long positions. Now, let's talk about Ethereum. Currently, the way Ethereum is adjusting may likely break new lows. If it cannot effectively stabilize below MA30, breaking below 2000 is only a matter of time. Additionally, if Bitcoin breaks new highs, Ethereum must catch up to fill the previous gap of 2800-3000 and stabilize above MA10; otherwise, it will still be quite challenging for Ethereum today.

Trading Suggestions
Buy on pullback at 66500 and 66800, target 68000
Defend at 66000#SEC批准多支比特币ETF期权 #美国大选前行情观察 #牛市赛道是那条? #BTC☀ #BTC突破7万大关
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Bearish
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Let me talk to you guys about the layout this month. Except for the two days on September 6th when I came back and lost two orders, did you miss the strategies I gave every day? From 60,000 to 59,000, it was bullish all the way. In the middle, it was mentioned that the short turning point of 64,500 was broken, which was the tail of the bull market. It’s funny to think about it. At that time, I mentioned that the bull market was coming and it should reach 70,000 by the end of the month. At that time, there were also black fans in the comment area who scolded me and said that it would reach 40,000 by the end of the month. Hong Shen also humbly replied that he had learned a lesson, because everyone has his own understanding of the market. I will not argue whether your ideas are right or wrong, nor will I refute your ideas. I just need to stick to my inner thoughts and choose to believe in my ability to read the market with the Chaos Theory. From 59000 to 69000, Hongshen has been calling for more throughout the whole process, asking everyone not to be afraid of heights, but there are still many people who missed the opportunity. Let’s talk about the key point of 67500 that I mentioned in recent days. I said that if the bulls want to break through 70000, they must pull back to repair and test the low support, because this is the process that must be taken in the subsequent high. So I proposed the idea of ​​any short position above 69000, and then the bears began to fall. Later, you also know that I proposed that if 67500 falls below, it can continue to fall. Tonight, the range of 66500-68000 will be eaten back and forth. That’s all. I have given the idea. If you don’t believe it, you can look at the posts I post every day. If you find it troublesome, you can look at my forecast of the market for next week every weekend to see how my idea is different from the trend of the market? Hong Shen still insists on that sentence - return the trust with sincerity#APE暴涨 #币安累计交易量突破100万亿美元 #牛市赛道是那条? #BTC☀ #BTC突破7万大关
Let me talk to you guys about the layout this month. Except for the two days on September 6th when I came back and lost two orders, did you miss the strategies I gave every day? From 60,000 to 59,000, it was bullish all the way. In the middle, it was mentioned that the short turning point of 64,500 was broken, which was the tail of the bull market.

It’s funny to think about it. At that time, I mentioned that the bull market was coming and it should reach 70,000 by the end of the month. At that time, there were also black fans in the comment area who scolded me and said that it would reach 40,000 by the end of the month. Hong Shen also humbly replied that he had learned a lesson, because everyone has his own understanding of the market. I will not argue whether your ideas are right or wrong, nor will I refute your ideas. I just need to stick to my inner thoughts and choose to believe in my ability to read the market with the Chaos Theory.

From 59000 to 69000, Hongshen has been calling for more throughout the whole process, asking everyone not to be afraid of heights, but there are still many people who missed the opportunity. Let’s talk about the key point of 67500 that I mentioned in recent days. I said that if the bulls want to break through 70000, they must pull back to repair and test the low support, because this is the process that must be taken in the subsequent high. So I proposed the idea of ​​any short position above 69000, and then the bears began to fall. Later, you also know that I proposed that if 67500 falls below, it can continue to fall. Tonight, the range of 66500-68000 will be eaten back and forth.

That’s all. I have given the idea. If you don’t believe it, you can look at the posts I post every day. If you find it troublesome, you can look at my forecast of the market for next week every weekend to see how my idea is different from the trend of the market?

Hong Shen still insists on that sentence - return the trust with sincerity#APE暴涨 #币安累计交易量突破100万亿美元 #牛市赛道是那条? #BTC☀ #BTC突破7万大关
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How is it? In the evening, I mentioned the key layout to operate back and forth between 66500-68000. Is the market direction consistent with my layout? From 8 PM, it rose from 67600 to around 66600 by 9:40, and the bearish trend has been weak, not breaking 65000 for a long time, allowing for a direct reversal to long. Currently, it has already recovered and risen, reaching a peak of 67700. This back and forth has already created a space of 2500 points! Brothers who saw my operational thoughts should have been able to profit from this wave, right? #APE暴涨 #币安累计交易量突破100万亿美元 #YGG、ADA、ENA解锁 #BTC☀ #BTC突破7万大关
How is it?

In the evening, I mentioned the key layout to operate back and forth between 66500-68000. Is the market direction consistent with my layout?
From 8 PM, it rose from 67600 to around 66600 by 9:40, and the bearish trend has been weak, not breaking 65000 for a long time, allowing for a direct reversal to long. Currently, it has already recovered and risen, reaching a peak of 67700. This back and forth has already created a space of 2500 points! Brothers who saw my operational thoughts should have been able to profit from this wave, right? #APE暴涨 #币安累计交易量突破100万亿美元 #YGG、ADA、ENA解锁 #BTC☀ #BTC突破7万大关
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Bearish
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October 22nd Tuesday Evening Bitcoin Operation Analysis Currently, Bitcoin is fluctuating around 67500-66500. The bears have repeatedly tested the lower support, with the lowest touch at 66536 without breaking. This indicates that the support below is still quite strong. In the current market situation, we observe signs of a trend turning from strong to weak, mainly due to the market breaking the top-bottom conversion position. This change has drawn our significant attention to the subsequent trend. Particularly at the 68500 level, as an important resistance point in the current market, its performance will directly impact the market's subsequent trend. If the market can rise again with increased volume and successfully break through the 68500 level, this will be an important signal for the market to continue strengthening. However, if the market faces pressure at this position, it is likely to form a second peak, leading to a double top pattern. The emergence of this pattern usually indicates that the market is about to face an adjustment or decline. It is noteworthy that, despite the short-term downward trend, the market has also repeatedly tested the previous four-hour support levels during the decline. These support levels still have a certain degree of support as long as they are not effectively broken. Therefore, we can adopt a high sell low buy strategy in the short term. In addition, from the hourly chart, the market has currently formed initial support. This indicates that after a period of decline, the market is expected to rebound. Of course, the strength and duration of this rebound still need further observation. The range worth noting currently is 66500-68000. We can trade back and forth within this range. Operational Suggestions Sell near 67800, target 66500 If broken, continue to hold down, otherwise buy directly.
October 22nd Tuesday Evening Bitcoin Operation Analysis
Currently, Bitcoin is fluctuating around 67500-66500. The bears have repeatedly tested the lower support, with the lowest touch at 66536 without breaking. This indicates that the support below is still quite strong.

In the current market situation, we observe signs of a trend turning from strong to weak, mainly due to the market breaking the top-bottom conversion position. This change has drawn our significant attention to the subsequent trend. Particularly at the 68500 level, as an important resistance point in the current market, its performance will directly impact the market's subsequent trend.

If the market can rise again with increased volume and successfully break through the 68500 level, this will be an important signal for the market to continue strengthening. However, if the market faces pressure at this position, it is likely to form a second peak, leading to a double top pattern. The emergence of this pattern usually indicates that the market is about to face an adjustment or decline.

It is noteworthy that, despite the short-term downward trend, the market has also repeatedly tested the previous four-hour support levels during the decline. These support levels still have a certain degree of support as long as they are not effectively broken. Therefore, we can adopt a high sell low buy strategy in the short term.

In addition, from the hourly chart, the market has currently formed initial support. This indicates that after a period of decline, the market is expected to rebound. Of course, the strength and duration of this rebound still need further observation. The range worth noting currently is 66500-68000. We can trade back and forth within this range.

Operational Suggestions
Sell near 67800, target 66500
If broken, continue to hold down, otherwise buy directly.
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